Hong Kong
- Greater China
Lawsuits pile up against embattled Noble Group
Goldilocks Investment Company, the third largest shareholder in embattled commodities trader Noble Group, has launched two more lawsuits against the…
Read More » - Greater China
OOCL teams with Microsoft to develop AI shipping solutions
Microsoft Research Asia (MSRA) and Hong Kong’s Orient Overseas Container Line Limited (OOCL) have joined forces to look at how…
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Key Noble shareholder attacks top management
One of the largest shareholders in Noble Group has renewed its attack on the embattled commodities trader. Abu Dhabi-based investment…
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Elman returns at New Noble
Richard Elman is back in the boardroom, just over three weeks after he had stepped down at embattled commodities trader…
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Creditors approve Noble restructuring
Hong Kong’s Noble Group revealed yesterday that more than 75% of creditors holding the majority of its senior debt have…
Read More » - Maritime CEO
Swivel Software: All-encompassing view of cargo movement
Swivel Software, a Hong Kong-based e-solution provider to the logistics industry, has geared up to take on the tidal wave…
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Cosco’s takeover of OOCL faces American hurdle
Investors in Hong Kong’s Orient Overseas (International) Limited (OOIL), the parent of containerline OOCL, are beginning to get jittery that…
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Cosco anticipates June conclusion for OOCL takeover
Cosco anticipates sealing the $6.3bn takeover of Hong Kong’s Orient Overseas Container Line (OOCL) by the end of June. Cosco’s…
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Noble Group sells kamsarmax to Transmed Shipping
Hong Kong commodity trader Noble Group has entered into an agreement with Greece’s Transmed Shipping to sell 2015-built kamsarmax bulker . The 81,502…
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Richard Elman relinquishes his role at under fire Noble Group
One of the most famous names in the Asian commodities scene has finally stepped down. Richard Elman, the founder of…
Read More » - Greater China
Li Ka-shing, port revolutionary, announces his retirement
Li Ka-shing, Hong Kong’s richest man, announced Friday he is retiring. Aged 89, Li will stay on as a advisor,…
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New Noble hints at UK move as part of restructuring
Embattled Hong Kong commodities trader Noble Group has managed to sign a binding restructuring support agreement (RSA). The proposed restructuring,…
Read More » - Maritime CEO
Wah Kwong: CMA Commodore in waiting
Tonight Sabrina Chao, the chairman of Hong Kong shipowner Wah Kwong, will don a black naval hat – purchased nearly…
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Shandong Shipping forms jv with Fleet Management
Chinese state-run shipping company Shandong Shipping has announced a plan to set up a 50/50 joint venture with Hong Kong-based…
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Positive if somewhat cautious: CC Tung’s final verdict on the box trades
In what is likely to be his final annual report comments as chairman of Hong Kong’s Orient Overseas Container Line…
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Noble Group sells kamsarmax
Financially troubled commodity trader Noble Group has announced that it has entered into a memorandum of agreement with Bianca Corporation…
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Apeejay Shipping picks up KC Maritime panamax
India’s Apeejay Shipping continues its buying spree of panamax bulkers over the age of ten years with the acquisition of KC Maritime’s Tsuneishi-built panamax…
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Hong Kong’s River Trade Terminal could be redeveloped into housing
Hong Kong – home to the most expensive property on Earth – is looking at turning a failed container terminal…
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Noble posts largest annual loss recorded on the Singapore Exchange
Noble Group chalked up an unfortunate record yesterday, posting the largest annual net loss of any Singapore-listed company ever. Once…
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OOCL keeps GSL post-panamax boxship for another year at lower rate
Global Ship Lease has reached an agreement with Hong Kong line OOCL to extend the charter of 8,063 containership .…
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